Western United – Discovery Plus (3-, 5-, 7-Year Terms)
About this product
The Western United Discovery Plus is a single-premium Multi-Year Guaranteed Annuity (MYGA) that provides fixed, guaranteed interest rates for 3, 5, or 7 years. It offers principal protection, predictable tax-deferred growth, and penalty-free access to earned interest or required minimum distributions (RMDs). Unlike the Discovery contract, the Discovery Plus does not provide a 15% free-withdrawal provision, but it does maintain the same protection from Market Value Adjustments (MVA). The contract does not renew automatically, ensuring full access to funds at maturity.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 3 Years | 4.35% |
| 5 Years | 4.70% |
| 7 Years | 4.70% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $10,000.00 - $1,000,000.00 | 4.35% |
| Features | |
| Maximum Issue Age | 99 years |
Lifetime Income Details
Payout Options
Additional Options
Actual payout options may vary by insurance carrier and specific products. Common alternatives include:
- Life Income Only: Payments for the rest of your life, stopping upon death
- Period Certain: Guaranteed payments for a specific time period (5, 10, 15, or 20 years)
- Life with Period Certain: Lifetime payments with a minimum guaranteed period
- Joint Life: Payments continue for both you and your spouse's lifetimes
- Systematic Withdrawal: Regular withdrawals of a specified amount or percentage